Instructions For R-1029 Hm-I 2006 printable pdf download

R-1029 HM-I(1/06)

GENERAL INFORMATION

1. All persons and dealers who are subject

return is due on the first business day after

space provided at the top of the return; the

to the tax levied under Chapter 2 of Title 47

the due date and becomes delinquent on

return is signed and dated by the appropri-

of 1950, as amended, are required to file a

the first day thereafter.

ate company official; a payment for the

tax return monthly, unless otherwise provid-

exact amount of tax, penalty, and interest

2. All amounts on the return should be

ed. Returns are due on or before the 20th

accompanies the return; and, the return and

rounded to the nearest dollar.

day of the month following the close of the

payment are placed in the enclosed pre-

3. Care should be exercised to ensure

period in which the tax becomes due. If the

addressed envelope, stamped, and mailed.

that: the correct period is entered in the

due date falls on a weekend or holiday, the

DO NOT CLAIM CREDIT FOR ANY PREVIOUS OVERPAYMENT. A REFUND WILL BE ISSUED.

INSTRUCTIONS

Line 1 – Enter the total gross receipts

Louisiana sales or use taxes collected by use

able period. If the return is filed late, a delin-

from the rental of hotel/motel rooms to tran-

of tax-bracket tables exceeds the amount

quent penalty of 5% for each 30 days or

sient guests, as defined by Louisiana

shown on Line 10, any such excess must be

fraction thereof of delinquency, not to

Revised Statute 47:301(6).

remitted to the Louisiana Department of

exceed 25% of the net tax due on Line 16

Revenue.

must be entered on Line 17.

Line 2 – Enter the total of room rental

receipts billed to, and paid directly by, a fed-

Line 12 – Self-explanatory.

NOTE – In addition to the delinquent penal-

eral, state, or local governmental agency.

ty reported above, a taxpayer may also

Line 13A – To receive dealer’s 1.1 percent

Do not include room rentals paid by govern-

incur a negligence penalty if circumstances

compensation for the remittance of the tax

mental employees.

indicate willful negligence or intentional dis-

levied, deduct the 1.1 percent from the total

regard of rules and regulations.

Line 3 – Self-explanatory.

tax accounted for and payable to the

Louisiana Department of Revenue before

Line 18 – The net tax due on Line 16 must

Line 4 – “Gross sales” as used here

taking credit for taxes already paid to a

be shown for the delinquent period, begin-

means the total sale price for each individ-

wholesaler. Such compensation is allow-

ning with the dates explained on Line 17,

ual item or article of tangible personal prop-

able only when the payment is timely, and

until the tax is remitted to the Louisiana

erty with no reduction for any purpose.

in no instance can the compensation be

Department of Revenue. Refer to the Tax

Line 5 – A use tax is due on the purchas-

allowed if the tax is not paid when due.

Interest Rate Schedule (R-1111) for month-

er’s acquisition price of the tangible person-

ly interest rates that apply. Form R-1111 is

Line 13B – Taxpayers may donate all or any

al property used, consumed, distributed,

available on the Department's website at

portion of the vendor’s compensation listed

stored for use or consumption in Louisiana,

on Line 13A to The Louisiana Military Family

or purchased or imported into the state for

Assistance Fund. Line 13B cannot exceed

Line 19A – This line equals the total tax,

resale in the coin-operated vending

Line 13A.

penalty, and interest due on this return before

machines. The total cost or value of such

any additional amounts donated to The

property on which the tax has not been paid

Line 13C – This line equals the amount of

Louisiana Military Family and Assistance Fund.

to vendors must be entered on this line.

vendor’s compensation applied to this

return after any donation of the vendor’s

Line 19B – Taxpayers may donate to The

Line 6 – The gross receipts billed for the

compensation to The Louisiana Military

Louisiana Military Family Assistance Fund

lease or rental of tangible personal property,

Family Assistance Fund. This line cannot be

by entering the amount of the donation on

as well as the gross receipts from taxable

less than zero.

this line. This payment is in addition to the

services defined in the statutes, should be

tax computed to be due on Line 19A.

included. Refer to the Sales Tax Law and

Line 14 – Self-explanatory.

Regulations for details showing services that

Line 19C – Submit payment for this amount

Line 15 – All dealers who have paid

are taxable and leases or rentals that are

with the return. If paying by EFT, be sure to

advance sales tax to a manufacturer,

taxable.

use tax code 04141.

wholesaler, jobber, or supplier shall deduct

Line 7 – Self-explanatory.

from the total tax collected by them upon

Line 20A – If the credit shown on Line 15 is

retail sale of the commodity the amount of

greater than the amount of tax due shown

Line 8 – Enter the total gross receipts for

advance sales tax paid, provided tax-paid

on Line 14, creating a credit balance on

tax-exempt sales, leases, rentals (other

invoices evidencing the payments are

Line 16, enter the total overpayment in the

than room rentals), and services of tangible

retained by the dealer claiming the refund

space provided.

personal property billed to, and paid direct-

or credit. Purchases should be shown in

ly by a federal, state, or local government

Line 20B – Taxpayers may donate all or any

their entirety even though some portion of

agency. (Do not include such transactions

portion of the overpayment listed on Line 20A

the purchases did not bear the advance

paid by governmental employees.) This

to The Louisiana Military Family Assistance

sales tax. Credit cannot be claimed for

deduction can be claimed only if the items

Fund. Line 20B cannot exceed Line 20A.

taxes paid on the property purchased for

have been included on either Line 4 or Line 6.

Line 20C – This is the amount of overpay-

resale in coin-operated vending machines.

Line 9 – Self-explanatory.

ment to be refunded to you after including

Line 16 – Self-explanatory.

any portion of the refund that has been

Line 10 – Self-explanatory.

Line 17 – A return becomes delinquent on

donated to The Louisiana Military Family

Line 11 – In cases where the total amount of

the 21st day of the month following the tax-

Assistance Fund.

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Instructions For R-1029 Hm-I 2006

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